XML 174 R148.htm IDEA: XBRL DOCUMENT v3.25.1
Financial Instruments - Summary the position of hedging instruments (Detail)
€ in Thousands, ¥ in Thousands, R$ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
BRL (R$)
Dec. 31, 2023
BRL (R$)
Dec. 31, 2022
BRL (R$)
Dec. 31, 2024
EUR (€)
 [1],[3]
Dec. 31, 2024
JPY (¥)
 [1],[3]
Dec. 31, 2024
BRL (R$)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
EUR (€)
 [4],[5]
Dec. 31, 2023
JPY (¥)
 [4],[5]
Dec. 31, 2023
BRL (R$)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
EUR (€)
Dec. 31, 2022
BRL (R$)
Dec. 31, 2022
USD ($)
Disclosure of detailed information about financial instruments [line items]                            
Fair value, Assets           R$ 831,379       R$ 827,045        
Fair value, Liabilities           (441,600)       (626,734)        
Gains (losses), Profit or loss R$ 28,161 R$ (563,750) R$ (1,972,622)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness 465,054 (332,117) (16,806)                      
Derivatives designated as hedge accounting [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Fair value, Assets           347,875       637,128        
Fair value, Liabilities           (124,484)       (373,895)        
Gains (losses), Profit or loss (169,780) (284,504) (1,180,344)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 465,054 R$ (332,117) R$ (16,806)                      
Derivatives designated as hedge accounting [member] | Foreign exchange swap [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets USD + 3.28% [1] USD + 0.00% [2] USD + 4.95%                      
Contracted rates-liabilities 105.7% of DI [1] 53.60% of DI [2] 106.67% of DI                      
Maturity Sept/25 [1] Oct/26 [2] Sept-25                      
Notional amount | $             $ 206,067 [1],[3]       $ 234,000 [2],[4]     $ 221,339
Fair value, Assets           76,649 [1]       0 [2]        
Fair value, Liabilities           (3,808) [1]       (106,657) [2]        
Gains (losses), Profit or loss R$ 171,493 [1] R$ (145,949) [2] R$ (121,296)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 5,647 [1] R$ 0 [2] R$ 28,000                      
Derivatives designated as hedge accounting [member] | Foreign exchange swap one [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets EUR + 5.16% [1] USD + 5.47% [5] EUR + 3.42%                      
Contracted rates-liabilities 109.2% of DI [1] 110.02% of DI [5] 111.60% of DI                      
Maturity Mar/25 [1] Sept/25 [5] Mar-23                      
Notional amount       € 115,518             206,067 [4],[5] € 9,709    
Fair value, Assets           76,123 [1]       0 [5]        
Fair value, Liabilities           0 [1]       (119,094) [5]        
Gains (losses), Profit or loss R$ 84,875 [1] R$ (223,555) [5] R$ 2,573                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ (1,742) [1] R$ (3,768) [5] R$ (8)                      
Derivatives designated as hedge accounting [member] | Foreign exchange swap two [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets JPY + 1.50% [1] EUR + 5.12% [5] USD + LIBOR-3M + 1.14%                      
Contracted rates-liabilities 109.4% of DI [1] 111.93% of DI [5] 105.00% of DI                      
Maturity Mar/25 [1] Jan/24 [5]                        
Notional amount         ¥ 12,564,393     € 22,480         R$ 0  
Fair value, Assets           0 [1]       0 [5]        
Fair value, Liabilities           (45,826) [1]       (22,529) [5]        
Gains (losses), Profit or loss R$ 47,567 [1] R$ (23,304) [5] R$ (21,566)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 5,294 [1] R$ 230 [5] R$ 0                      
Derivatives designated as hedge accounting [member] | Foreign exchange swap three [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets SOFR + 1.29% [1] JPY + 1.50% [5]                        
Contracted rates-liabilities 112.5% of DI [1] 109.40% of DI [5]                        
Maturity Sept/25 [1] Mar/25 [5]                        
Notional amount             4,535 [1],[3]   ¥ 12,564,393          
Fair value, Assets           2,114 [1]       0 [5]        
Fair value, Liabilities           0 [1]       (120,746) [5]        
Gains (losses), Profit or loss R$ 2,566 [1] R$ (130,726) [5]                        
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ (30) [1] R$ (4,775) [5]                        
Derivatives designated as hedge accounting [member] | Interest rate swap contract [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets IPCA + 5.13% [1] IPCA + 5.03% [5] IPCA + 5.03%                      
Contracted rates-liabilities 104.5% of DI [1] 102.87% of DI [5] 102.87% of DI                      
Maturity Jun/32 [1] Jun/32 [5] Jun-32                      
Notional amount           2,660,000 [1],[3]       3,226,054 [4],[5]     3,226,054  
Fair value, Assets           189,156 [1]       598,311 [5]        
Fair value, Liabilities           0 [1]       0 [2]        
Gains (losses), Profit or loss R$ (345,529) [1] R$ 260,301 [5] R$ (143,762)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 355,746 [1] R$ (313,641) [5] R$ (44,312)                      
Derivatives designated as hedge accounting [member] | Interest rate swap contract one [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets IPCA + 2.83% [1] 10.48% [5] 6.47%                      
Contracted rates-liabilities 69.5% of DI [1] 103.64% of DI [5] 99.94% of DI                      
Maturity Nov/41 [1] Jun/27 [5] Nov-24                      
Notional amount           151,465 [1],[3]       615,791 [4],[5]     R$ 90,000  
Fair value, Assets           0 [1]       12,515 [5]        
Fair value, Liabilities           (3,321) [1]       (3,182) [5]        
Gains (losses), Profit or loss R$ (3,321) [1] R$ 10,694 [5] R$ (5,069)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 37,511 [1] R$ (10,163) [5] R$ (486)                      
Derivatives designated as hedge accounting [member] | Interest rate swap contract two [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets [1] 11.17%                          
Contracted rates-liabilities [1] 104.3% of DI                          
Maturity [1] Jul/27                          
Notional amount [1],[3]           525,791                
Fair value, Assets [5]           0                
Fair value, Liabilities [1]           (53,638)                
Gains (losses), Profit or loss [1] R$ (67,786)                          
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness [1] R$ 62,628                          
Derivatives designated as hedge accounting [member] | Commodity Forward [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets USD [1] BRL [5] BRL                      
Contracted rates-liabilities Heating Oil/ RBOB [1] Heating Oil/ RBOB [5] Heating Oil/ RBOB                      
Maturity Jan/25 [1] Jan/24 [5] Jul-23                      
Notional amount | $             5,753 [1],[3]       129,894 [4],[5]     181,880
Fair value, Assets           3,104 [1]       22,343 [5]        
Fair value, Liabilities           (11,869) [1]       (854) [5]        
Gains (losses), Profit or loss R$ (25,309) [1] R$ (50,977) [5] R$ (944,896)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 0 [1] R$ 0 [5] R$ 0                      
Derivatives designated as hedge accounting [member] | NDF [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets USD [1] BRL [5] BRL                      
Contracted rates-liabilities USD [1] USD [5] USD                      
Maturity Feb/25 [1] Feb/24 [5] Jan-23                      
Notional amount | $             6,853 [1],[3]       211,179 [4],[5]     127,233
Fair value, Assets           729 [1]       3,959 [5]        
Fair value, Liabilities           (6,022) [1]       (833) [5]        
Gains (losses), Profit or loss R$ (34,336) [1] R$ 19,012 [5] R$ 53,672                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness 0 [1] 0 [5] 0                      
Derivatives not designated as hedge accounting                            
Disclosure of detailed information about financial instruments [line items]                            
Fair value, Assets           483,504       189,917        
Fair value, Liabilities           (317,116)       (252,839)        
Gains (losses), Profit or loss 197,941 (279,246) (792,278)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 0 R$ 0 R$ 0                      
Derivatives not designated as hedge accounting | Foreign exchange swap [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets USD + 0.00% 0.00% 0.00%                      
Contracted rates-liabilities 52.5% of CDI 52.99% of CDI 53.0% of CDI                      
Maturity Jun/29 Jun/29 Jun-29                      
Notional amount | $             300,000       375,000     375,000
Fair value, Assets           465,032       186,925        
Fair value, Liabilities           0       (45,877)        
Gains (losses), Profit or loss R$ 268,734 R$ (188,395) R$ (85,474)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 0 R$ 0 R$ 0                      
Derivatives not designated as hedge accounting | Interest rate swap contract [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets USD + 5.25% 5.25% USD + 5.25%                      
Contracted rates-liabilities CDI -1.4% 1.36% of CDI CDI - 1.36%                      
Maturity Jun/29 Jun/29 Jun-29                      
Notional amount           300,000       300,000       300,000
Fair value, Assets           0       0        
Fair value, Liabilities           (306,748)       (196,243)        
Gains (losses), Profit or loss R$ (166,103) R$ 9,257 R$ (266,445)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 0 R$ 0                        
Derivatives not designated as hedge accounting | Interest rate swap contract one [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness     R$ 0                      
Derivatives not designated as hedge accounting | Commodity Forward [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets BRL BRL                        
Contracted rates-liabilities Heating Oil/ RBOB Heating Oil/ Marine Fuel/ Others                        
Maturity Mar/25 Mar/24                        
Notional amount | $             2,422       18,127      
Fair value, Assets           4,926       1,524        
Fair value, Liabilities           (3,867)       (2,310)        
Gains (losses), Profit or loss R$ 53,069 R$ 5,489                        
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 0 R$ 0                        
Derivatives not designated as hedge accounting | NDF [member]                            
Disclosure of detailed information about financial instruments [line items]                            
Contracted rates-assets USD USD USD                      
Contracted rates-liabilities BRL BRL BRL                      
Maturity Mar/25 Mar/24 Jul-23                      
Notional amount | $             $ 15,425       $ 457,099     $ 1,116,702
Fair value, Assets           13,546       1,468        
Fair value, Liabilities           R$ (6,501)       R$ (8,409)        
Gains (losses), Profit or loss R$ 42,241 R$ (105,597) R$ (440,359)                      
Gain (loss) on change in fair value of hedged item used as basis for recognising hedge ineffectiveness R$ 0 R$ 0 R$ 0                      
[1] Derivative financial instruments designated for fair value hedge accounting (see Note 25.g.1).
[2] Derivative financial instruments designated for cash flow hedge accounting (see Note 25.g.2).
[3] Currency as indicated.
[4] Currency as indicated.
[5] Derivative financial instruments designated for fair value hedge accounting (see Note 25.g.1).